HDI Global SE has announced that Omar Mendoza Lizaola has joined its operations in Mexico as Managing Director.
At the same time, German Cardenas will assume the role of Executive Operations Director.
With 24 years of expertise in the local commercial insurance industry, Mendoza joins HDI Global after an 18 year career at global insurer Chubb, where he was in charge of Marine and Specialty business in North LATAM.
From 2016-2020 he was Director of the same lines of business at Chubb in Brazil.
In a press release, HDI Global stated that Mendoza’s proven strengths are in portfolio development and optimisation combined with a collaborative management approach.
In addition, Mendoza also holds a bachelor’s degree in mechanical engineering and a Master of Business Administration.
Addressing his new role at HDI Global, Mendoza said: “I am very excited to join the HDI Global Mexico team that German Cardenas has successfully built up. The HDI brand is very well known and respected in our market and around the globe. We have an excellent opportunity to substantially increase our market share with sustainable growth, taking advantage of our underwriting expertise, financial strength, client focus and global presence.”
Cardenas joined HDI more than 25 years ago and has played a major role in transforming HDI Global Mexico from its humble beginnings into a successful hub for HDI’s business in the LATAM region and into a profitable local carrier.
“At this juncture I believe that we all will benefit from Omar’s strong insurance background and look forward to working with him together on our common goal to expand HDI’s footprint in Mexico,” said Cardenas.
David Hullin, Member of the Management Board of HDI Global SE, and responsible for the regions Europe (not including Germany) and North and South America, also commented: “Mexico is a growth market for us. With Omar Mendoza we are adding a lot of local and global insurance market expertise to our team and positioning us well for our strategic growth plans in the Mexican market.”
“While we welcome Omar to our group, we also thank German very much for his excellent work over so many years and we count on his continuous contribution as Director of Operations.”
Both management changes are subject to the approval of the responsible regulatory authorities.
